Housing stimulus needs released
Deputy Prime Minister Hoang Trung Hai has asked commercial banks to act fast and remove impediments to disbursement of the VND30 trillion (US$1.5 billion) housing stimulus package introduced by the government.
Pepper exports expected to remain high this year
The Viet Nam Pepper Association expects pepper exports to remain stable at high levels this year, amounting to 130,000 tonnes in volume and earning US$900 million.
Fresh off the lot
The Vina Mazda company, a subsidiary of Mazda at the Quang Nam-based Chu Lai - Truong Hai Complex , has exported the first batch of 25 Mazda cars to Laos. The company expects to export about 300 cars to regional countries, such as Laos , Cambodia and Myanmar this year.
State Budget collection in the capital city fell by about VND10 trillion (US$476.1 million) during the first half of the year due to the Government's preferential policies on tax exemptions, reductions and extensions.
Inaccurate and sloppy labelling are common mistakes Vietnamese firms make when exporting food to the US, and they end up paying a price for them, a conference on exporting food and drugs to the US held in HCM City yesterday heard.
Piecing it together
Japanese investor Tokai Kogyo inaugurated its Vietnam Tokai factory in Da Nang yesterday. With a total capital of US$10 million, the factory produces auto parts to export to the Southeast Asian market and international brands such as Toyota, Honda and Nissan.
The State Bank of Viet Nam (SBV) asked all of its branches and local credit institutions to strengthen their forex management in order to further stabilise the local forex market.
As the economy continues its downward trend, companies are finding competition - and copyright regulations - have become tighter.
The People's Committee of southern Binh Duong Province has approved a project to establish a modern logistics centre that will boost entrepot trade in the 2015–20 period.
Viet Nam and Laos businesses gathered at a trade exchange in Vientiane, Laos yesterday seeking cooperation and investment partners and opportunities.
Mitsui company plans to seek an investment opportunity at Da Nang's Hi-Tech Park and Information Technology Park, Ha Noi branch manager of Mitsui, Kazutaka Kiuchi, said.

Highlight

PM meets acclaimed local mathematician PM meets acclaimed local mathematician

Prime Minister Nguyen Tan Dung yesterday met Professor Ngo Bao Chau, the first Vietnamese to win the Fields Medal, the highest professional honour a mathematician can attain, and the Education Dialogue Group.

Scholars discuss East Sea dispute at int'l conference Scholars discuss East Sea dispute at int'l conference

The East Sea dispute will continue in the near future and urgent solutions should be found to manage the conflict and resolve it without force or the threat to use force and protect the rights of fishermen in traditional fishing grounds, an international conference that opened in HCM City yesterday agreed.

Police look into scam claims at pagoda Police look into scam claims at pagoda

Police are investigating rumors that a pagoda in Long Bien District is selling children for adoption.

A Vietnamese and a Chinese arrested for ivory smuggling A Vietnamese and a Chinese arrested for ivory smuggling

Customs officials have arrested a Chinese woman and a Vietnamese man at Suvarnabhumi Airport after they allegedly tried to smuggle out elephant tusks and ivory products worth about BAT9 million.

Places for a vacation: Son Doong Cave Places for a vacation: Son Doong Cave

Son Doong Cave in Viet Nam's Quang Binh Province has been suggested by the American news website huffingtonpost.com as one of the places to visit in 20 years.